Benchmark, Touchstone, First National Bank, First Citizens, First Carolina, Wake Forest Federal, and Providence ... all depending on the location and the deal.

This is even more true if is section 8, where the rents are inflated normally by being benchmarked to some metric that includes higher rent properties but where the property prices to buy are still depressed because well its not a great area. 

I do understand that it depends on my markets and other factors but would like having some benchmark to help decide a good or great deal from a bad one.Also, to get to the $3k cash flow, how big a house would it require?  

This is a good benchmark - but there is no law that says this expressly.

Rent-o-meter and craigslist have been great for setting a benchmark for multi but I am looking for additional sources to vet out what rents would be for SFH.What would be greatly appreciated is some insight into how to better evaluate cities to invest in and recommendations or thoughts from people from the MKE area about the cities I am considering.

I’d also recommend spelling out explicitly the timeline or benchmark the team wants to hit before deciding if or how to exit the investment.

An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they can require an interest rate cap at a rate threshold that helps ensure the borrower can service interest payments comfortably, limiting the risk of non-payment in a rising interest rate environment.Floating interest rate debt has 2 components:✔️ Benchmark Index✔️ SpreadBenchmark Index + Spread = Total Interest RateThe interest rate cap will set a maximum threshold for the index used.Let me know what questions you have about interest rate caps below!

I do understand that rental properties are a function of appreciation but wish to know what would be the best methodology to understand the overall negative cashflow to asset appreciation ratio or a metric to benchmark it against e.g. % appreciation YoY.

General metrics we target on our syndication deals:17%+ IRR2X Equity Multiple on 5 year proforma / 3X Equity Multiple on 10 year proformaCash flow on day 1 with opportunity to get to 10% CoC to LP's by year 2-3I would say these are pretty in line with market average targets for syndication deals.You do want to be careful when you see targeted returns that are way above this benchmark.

We can also use it for benchmarking so you’ll have an idea on performance as compared to other homes in your community with the same bedroom count.